UCDP Appraisal-Sharing Solution Effective February 7
January 6, 2016
Fannie Mae and Freddie Mac (the GSEs) will implement a new appraisal-sharing solution within the Uniform Collateral Data Portal® (UCDP®) effective February 7, 2016. The appraisal-sharing feature will enable correspondent lenders to easily share appraisal information with their aggregators within the UCDP. Aggregators will have access to real-time results for their correspondents’ appraisals, providing confidence that they always have the most up-to-date appraisal information when selling a loan to the GSEs.
This communication relates to the Uniform Mortgage Data Program®, an effort undertaken jointly by Freddie Mac and Fannie Mae at the direction of their regulator, the Federal Housing Finance Agency.